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marissa [1.9K]
1 year ago
10

Production Processes Manufacturers use several different production processes to create goods and services. This activity is imp

ortant because which process a manufacturer deems most optimal to use will depend on the product or good being produced. The goal of this exercise is to identify the different types of production processes used by different goods and services. Read each example described under the production profile. Then match the production process to the correct production profile. 28:30 mass customization continuous process process manufacturing flexible manufacturing assembly process lean manufacturing Production Process Production Profile Refining crude oil into gasoline requires the use of chemicals, pressure, and heat to change the chemical makeup of the crude oil into a finished product of gasoline A production plant that serves as a point where workers and robotics bring together all of the components that create automobiles. Making steel is a process that cannot be easily stopped and restarted. Allen-Bradley builds motor starters. The machines that Allen-Bradley uses can make different types of starters without slowing down the process A tractor manufacturer looked at their production techniques and eliminated the activities in production that do not add value to the consumer. A bicycle company makes 18 models in more than 2 million combinations. The customer chooses the model, size, color, and design. Reset
Business
1 answer:
iragen [17]1 year ago
8 0

Answer:

Refining crude oil into gasoline requires the use of chemicals, pressure, and heat to change the chemical makeup of the crude oil into a finished product of gasoline. PROCESS MANUFACTURING: deals with formulas and manufacturing recipes.  

A production plant that serves as a point where workers and robotics bring together all of the components that create automobiles. ASSEMBLY PROCESS: manufactured units follow an assembly line.  

Making steel is a process that cannot be easily stopped and restarted. CONTINUOUS PROCESS: the manufacturing process cannot be easily stopped.  

Allen-Bradley builds motor starters. The machines that Allen-Bradley uses can make different types of starters without slowing down the process. FLEXIBLE MANUFACTURING: different models can be manufactured in the same process.

A tractor manufacturer looked at their production techniques and eliminated the activities in production that do not add value to the consumer. LEAN MANUFACTURING: very simple and lean manufacturing process.  

A bicycle company makes 18 models in more than 2 million combinations. The customer chooses the model, size, color, and design. MASS CUSTOMIZATION: high degree of product customization.

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omeli [17]

Answer:

D) net profit before taxes; total assets invested

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Return on investment = Operating Income ÷ Total assets invested

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Leo Burnett developed a promotional campaign for Hallmark with two purposes: (1) to raise awareness about the fight against AIDS
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2 years ago
U.S.-based companies should turn to the _____ for the most comprehensive source of export information.
Juliette [100K]

Answer:

Department of commerce

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U.S.-based companies should turn to the department of commerce for the most comprehensive source of export information.

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You are the payables accountant for a medium sized electrical contracting company. You are paying bills with purchase discounts
son4ous [18]

Answer:

Memo

To: The Finance Manager

From: The Payables Accountant

Subject: Bank Loan to Pay Suppliers

Date: October 5, 2020

The above subject on our previous discussion refers.

This memo clarifies the advantage of borrowing from our bank the sum of $100,000 in order to offset the account of our supplier who has offered us the trade terms of 2/10, n/30.

Recall that the bank loan's interest rate is 6% per annum.  If we borrow within the month and repay 30 days after, the interest cost will be $500 ($100,000 * 6%/12).

You can compare this to the discount we shall receive from the supplier totaling $2,000 ($100,000 * 2%).  We can even extend the bank loan to 2 months, thereby paying a total interest cost of $1,000 ($500 * 2).

The implication is that we shall be making some gains by taking advantage of the cash discount.  May you approve the loan based on this clarifications.

Regards,

Tony Ohagwam

Explanation:

This memorandum attempts to justify the request for a bank loan in order to settle the bill of one of our company's suppliers.  It demonstrates the huge financial benefits that are implicit in accepting cash discounts from suppliers.

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